PepsiCo has posted a fall in full-year profits and sales as a 53rd week in 2011 results left a tough comparison. Net profits were down by 4% to US$6.18bn in 2012, the New York-based company said today (14 February). Net sales slipped by ...
Tags: PepsiCo, profits and sales, tough comparison
Avery Dennison Corporation announced preliminary, unaudited fourth quarter and full-year 2012 results. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise indicated, ...
Tags: RFID, RBIS Segment, Avery
French dairy firm Danone has unveiled a cost reduction and adaptation plan to generate EUR200m savings in Europe in the next two years. With this move, the company is seeking to address the significant decline in sales in the region and ...
Tags: dairy firm Danone, cost reduction, adaptation plan, EUR200m savings
Hain Celestial has posted "record" full-year financial results on a significant day in the US company's recent history. The company booked a 44% leap in annual net income for the year to the end of June. Operating profit increased 36.3%. ...
Tags: Hain Celestial, financial result, food company, food industry
UK sausage-skin maker Devrp has warned that its full-year operating profit will likely miss forecasts. The company blamed higher input costs and the negative impact of currency exchange, due to a weak Czech crown. Nevertheless, the ...
Tags: Profit Warning, operating profit, productivity initiatives
Avery Dennison Corporation announced preliminary, unaudited third quarter 2012 results. “In the third quarter, we delivered the strongest organic sales growth since first quarter 2011,” said Dean Scarborough, Avery ...
Tags: Avery Dennison, third quarter 2012, financial results, net sales
Heinz reaffirms previously announced Fiscal 2013 full-year sales and profit outlook. Reconciliations of non-GAAP amounts are set forth in the attached financial tables.Results excluding productivity charges in Fiscal 2012 represent the ...
Tags: Heinz, sales, profit, food giant
US food giant Heinz is to report "strong" first-quarter results, its chief executive told shareholders today (28 August). Heinz chairman, president and CEO Bill Johnson told the ketchup firm's AGM it would file a 10% increase in net ...
Tags: food, Heinz, ketchup, sauces, increacing
US retailer Supervalu has named Robert Bly president of Shoppers, a 56-store division operating discount outlets in Baltimore and Washington DC. Bly most recently served as VP of Sears-owned K-Mart, where he worked on efforts to grow ...
Tags: Supervalu, named, retailer, food, retail operations
US ketchup maker Heinz has booked a decline in full-year net income after charges related to the group's efficiency drive hit the bottom line. Net income in the 12 months to 29 April fell to US$939m,down from$1bn in 2011.The company said ...
Tags: ketchup, Heinz, full-year net income, acquisition